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The document analyzes remittance flows in Africa, noting that in 2023, gross inflows reached approximately US$90 billion. While remittances provide critical household support and macroeconomic stability, the authors warn of a 'remittance trap' and 'Dutch disease' that can hinder long-term economic growth. The paper highlights the use of diaspora bonds in countries like Ethiopia, Kenya, and Nigeria to fund infrastructure, and forecasts that net inflows to Africa will likely increase to US$94 billion by 2043, although their share of GDP is expected to decline.

The report analyzes Africa's progress toward a demographic dividend, noting that most of the continent is in the early stages of this transition. While 11 countries have already entered a demographic window of opportunity, most others will do so much later, with some regions not reaching the critical 1.7:1 worker-to-dependant ratio until the mid-21st century. The author argues that realizing this dividend requires simultaneous improvements in fertility rates, health, education, and employment systems.

The Economic Community of Central African States (ECCAS) is a Regional Economic Community recognized by the African Union, consisting of 11 member states. Established in 1983 and revised in 2019, its mandate covers political, security, and economic cooperation. Despite its goals of regional integration, the organization faces challenges including low levels of coordination and a fragmented currency landscape. The region's member states exhibit significant economic disparity, ranging from low-income countries like Burundi and Chad to nominally upper-middle-income countries such as Gabon and Equatorial Guinea.

The document introduces ECOWAS as a regional economic community established in 1975 to promote economic integration and stability in West Africa. While it has achieved some success in facilitating free movement for citizens, the bloc currently faces significant threats from terrorism, climate change in the Sahel, and infrastructure deficits. The document highlights a critical geopolitical crisis where Burkina Faso, Mali, and Niger have announced their intention to exit the bloc by January 2025, citing sanctions and a failure to combat insecurity.

The report analyzes the future of COMESA, projecting a population increase to 982.2 million by 2043. While the 'Current Path' shows a decline in extreme poverty from 35.4% to 18.8%, the 'Combined Agenda 2063' scenario suggests a more dramatic reduction to 4.1%. The analysis highlights significant economic disparities, with Egypt remaining the dominant economy and the largest carbon emitter. Sectoral scenarios indicate that free trade and 'leapfrogging' (renewable energy and digital tech) offer the highest potential for GDP per capita growth, though increased economic activity generally correlates with higher carbon emissions.

The document forecasts that the Combined Agenda 2063 scenario would significantly increase sub-Saharan Africa's GDP per capita to US$9,798 by 2043, compared to US$5,980 in the Current Path. It predicts a substantial reduction in extreme poverty to 7.3% and a nearly doubled total economy of US$12,295.2 billion. However, this growth is associated with higher carbon emissions, reaching 892 million tons by 2043.

The report evaluates Botswana's potential development paths up to 2043. It concludes that while the 'Current Path' provides incremental progress, it is insufficient to meet Vision 2036 goals due to persistent energy deficits and modest governance improvements. A 'Combined' scenario of integrated reforms—focusing on manufacturing, green energy, and human capital—is proposed to accelerate growth, reduce inequality, and transition the country into a high-income, inclusive society.

The report analyzes Cameroon's economic potential and challenges, arguing that while the country shows gradual progress, it remains hindered by dependence on extractive sectors and governance weaknesses. It recommends a coordinated approach to structural reforms focusing on manufacturing, agricultural transformation, and governance to reduce poverty and informality. Specifically, it emphasizes the need for climate-smart agriculture, the utilization of hydroelectric and solar capacity to become a regional energy hub, and the strategic use of the AfCFTA to boost trade and industrialization.

Africa's population is projected to grow from 1.552 billion in 2025 to 3.850 billion by 2100, representing 39% of the global population. This growth is driven by high total fertility rates and population momentum, which could position Africa as the world's largest potential labour force by 2040 if supported by education and health investments. Significant disparities persist in life expectancy and fertility rates across the continent, with some nations already below replacement levels while others remain very high.

The document analyzes the potential for the Central African Republic to significantly increase its GDP per capita and reduce extreme poverty through an intersectoral policy push under the Combined Agenda 2063 scenario. While the scenario predicts substantial economic growth, particularly driven by agriculture and the service sector, it also forecasts a significant increase in carbon emissions due to the carbon-intensive nature of this growth.

The report concludes that Algeria's potential remains unfulfilled due to a dependency on hydrocarbons, poor agricultural yields, and weak governance. It advocates for a multi-sectoral approach to diversification, including investments in climate-smart agriculture, renewable energy, and the liberalisation of the economy to reduce the state's dominance in business and banking.

The report compares a 'Current Path' forecast for Angola with a 'Combined Agenda 2063' scenario, which integrates 11 sectoral improvements. The Combined scenario projects a dramatic increase in GDP per capita to US$16,023 by 2043 and a significant reduction in extreme poverty, though it also forecasts a substantial increase in carbon emissions due to industrial and demographic growth.

The report projects that Cape Verde will experience significant urbanisation and GDP per capita growth by 2043, though it remains highly dependent on food imports and tourism. While various sectoral interventions—particularly free trade and manufacturing—could further boost GDP and reduce poverty, they are also projected to increase carbon emissions. The Combined Agenda 2063 scenario suggests a potential GDP increase to US$8.7 billion and a reduction of extreme poverty to 3.6% of the population by 2043.

The document examines illicit financial flows (IFFs) in Africa, estimating annual losses between US$50 billion and US$89 billion. It identifies commercial activities, such as Base Erosion and Profit Shifting (BEPS) and trade misinvoicing, as the primary drivers (65%), while criminal activity and corruption account for 35%. These outflows reduce spending on health and education and increase reliance on predatory borrowing. The paper discusses countermeasures including the African Tax Administration Forum (ATAF), the OECD/G20 Inclusive Framework on BEPS, and the Extractive Industries Transparency Initiative (EITI), while highlighting challenges such as the US's role as a "secrecy jurisdiction" and limited administrative capacity in African nations.

The document provides administrative and licensing details for the EAC Development Futures research, noting that all visualizations, data, and text produced by African Futures are open access under the Creative Commons BY license. It also describes the African Futures & Innovation (AFI) program's goal to use scenarios and forecasting to address the gap in wellbeing indices between Africa and the rest of the world.

The Combined Agenda 2063 scenario, integrating 11 sectoral reforms, is projected to significantly increase COMESA's GDP per capita to US$10,235 by 2043 and nearly eradicate extreme poverty. While driving substantial economic growth, particularly in Malawi and Ethiopia, the scenario is also expected to increase carbon emissions to 380 million metric tons by 2043.

The Combined Agenda 2063 scenario is projected to significantly increase North Africa's GDP per capita and total GDP by 2043, with the most substantial gains driven by free trade under AfCFTA, manufacturing, and leapfrogging. While the scenario predicts a sharp decline in extreme poverty—particularly in Mauritania and Egypt—it also forecasts a 17% increase in carbon emissions compared to the Current Path, primarily driven by Egypt and Algeria.

The report projects that the Combined Agenda 2063 scenario would significantly increase Benin's GDP per capita to US$7,421 and nearly double the overall economy to US$117.2 billion by 2043. While this path would lift an additional 4.6 million people out of extreme poverty and drive structural transformation toward services and manufacturing, it is also projected to increase carbon emissions to 10.1 million tons, necessitating an accelerated energy transition to mitigate environmental degradation.

The report concludes that ECCAS faces deep-rooted structural challenges in agriculture, manufacturing, and electrification that hinder its development. It argues that without aggressive interventions in sectors like renewable energy, infrastructure, and economic diversification, the region will fail to meet its 2043 inclusive development targets.

The document analyzes the relationship between Africa's rapid population growth and its economic development, noting that while the continent's overall economy is projected to grow faster than the global average, high population growth limits gains in GDP per capita. It emphasizes the need for sub-Saharan Africa to achieve a demographic dividend and improve productivity through education and manufacturing to narrow the gap with the global average.